---
schema_version: "secwatch.filing_event.v1"
accession: "0001437749-23-015151"
form_type: "8-K"
ticker: null
cik: "0001220754"
company_name: "ModivCare Inc"
filed_at: "2023-05-18T23:59:59+00:00"
generated_at: "2026-06-14T20:53:06.107240+00:00"
event_type: "litigation"
sentiment: "negative"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# ModivCare settles former CEO dispute for $9.55M; releases non-compete

## Summary
- ModivCare to pay former CEO Daniel Greenleaf $9.55M to settle dispute over departure and compensation.
- Settlement includes mutual release of claims and releases Greenleaf from non-competition obligations.
- Arbitration proceedings (AAA Case No. 01-22-0003-5343) to be dismissed with prejudice.
- Greenleaf ceased as President and CEO on July 27, 2022, with separation effective August 1, 2022.
- Payment: $6.37M as wages (W-2) and $3.18M as non-wage damages (1099); due within 14 days of effective date.

## SEC filing metadata
- accession: 0001437749-23-015151
- form_type: 8-K
- cik: 0001220754
- company_name: ModivCare Inc
- filed_at: 2023-05-18T23:59:59+00:00
- event_type: litigation
- sentiment: negative
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1220754/000143774923015151/0001437749-23-015151-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1220754/000143774923015151/modv20230518_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001437749-23-015151
- JSON: https://secwatch.observer/filing/0001437749-23-015151.json
- Plain text: https://secwatch.observer/filing/0001437749-23-015151.txt

## Key facts
- Executive change
  Daniel E. Greenleaf departed as President and Chief Executive Officer at ModivCare Inc.
  - Action: ceased serving
  - Role: President and Chief Executive Officer
  source text: On July 27, 2022, Daniel E. Greenleaf ceased serving as President and Chief Executive Officer or as a member of the Board of Directors (the “Board”) of Modivcare Inc.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1220754/000143774923015151/0001437749-23-015151-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.